Midnight Insights and Operational Suggestions
BTC:
The current hourly support for Bitcoin has been broken, and the overall trend is bearish.
Mainly focus on 94137.92338 and the pin position 90286.85589, these two points may be important supports in the future.
The smaller level rebound may look towards 96000 and 97400, but the strength and sustainability remain to be observed.
At least a four-hour closing above 97400 is needed for the market to potentially reverse; otherwise, there may be a risk of a second downward test.
ETH:
The current hourly and two-hour support for Ethereum has been broken, and the short-term trend is also bearish.
For the smaller level rebound, pay attention to 3337 and 3400, these two points may become rebound targets in the short term.
If Ethereum can close above 3400 on the four-hour level, the market may potentially reverse. However, the resistance levels above are at 3500 and 3566; if the rebound cannot break through these resistance levels, it may test downwards again.
If the market continues to test downwards, pay attention to the three support points: 3263, 3104, and 3038.
